Multi Family · Fixer

120 Dolphin

Revere, MA 2151 · MLS 73525052

$1,925,000

4,180 sqft

  • Beds—
  • Baths—
  • Sq Ft4,180
  • Year1970
  • Style—
  • $ / Sq Ft$461
  • HOA—
  • Taxes$11,431
  • Parking7
  • Lot8224.0
  • MLS73525052
  • StatusActive

About this home

Presenting a rare opportunity to acquire a fully occupied 6-unit multifamily property just moments from Revere Beach. Situated on a level lot with two driveway entrances and ample off-street parking, this investment offers strong in-place income with future upside. Current monthly rent roll is $12,100 with as-is pro forma rents projected to be at least $14,400/month, plus there is an approximately $2,000 annually in laundry income. Property features potential expansion for 2 additional units on the top level. Conveniently located near public transit with train access to Boston, major highways, shopping, dining, and a playground 1 block away on the same street. Excellent opportunity for investors seeking cash flow, appreciation, and long-term value add potential. Sellers reserve the right to accept an offer at anytime.

Location

DirectionsMore in Revere

More about Revere

Revere Profile Snapshot
Primary Vibe Coastal city with beach access, Blue Line transit, and diverse residential streets. Popular with buyers seeking relative value and water proximity.
Housing Prices More approachable than many closer areas. Beachfront and transit-proximate properties command premiums. Multi-family homes offer rental potential.
Commute to Boston Blue Line provides direct access. Driving and bus options exist. Parking varies by location.
Schools Served by Revere Public Schools. Confirm assignments with the district.
Market Demand supported by transit and beach access. Updated properties near stations attract interest.
Housing Styles Condominiums, multi-family homes, and some single-family properties. Beach proximity influences value.

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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.